TGOOD Electric cancels stock, appoints new leadership

Qingdao TGOOD Electric (SZSE:300001) announced plans to reduce its registered capital by canceling 154,000 restricted shares granted to 12 employees who have left the company, according to its 2023 Restricted Stock Incentive Plan. This will decrease the company's total share capital from 1,055,691,713 shares to 1,055,537,713 shares, with corresponding changes to its registered capital from CNY1,055,691,713 to CNY1,055,537,713. Creditors have 45 days to claim repayment or guarantees.